Gold-Acquiring Foreign Powers Put Petro-Dollar in Jeopardy

9:32 AM

First published by Money Metals here: https://www.moneymetals.com/news/2018/09/06/gold-acquiring-petrodollar-collapse-001610

President Donald Trump’s administration is playing a game of high-stakes international chess with Russia, Iran, Turkey, China, and other countries viewed as adversaries in trade and geopolitics. It’s not necessarily the case that tariffs, sanctions, and blustering will result in a hot war. More likely, escalating strife between the U.S. and a bloc of much more populous adversaries will push them to unite more closely to undermine and ultimately dethrone King Dollar.

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